Thoughts on Money

Being "good with money" means you know how to USE it. Saving money is one use, but it's not the exclusive way to put your money to work for you .

Time matters. So much of the rat race that squeezes your free time means you have to spend loads of money on convenience purchases (woke up too late for the bus, had to take an Uber; no time to make dinner from scratch; etc) but even more importantly, if you do not have ample free time, you cannot learn how to be satisfied.

"I just found this hammer. What should I do with it?"

Kind of a weird question, right? But it's just like asking "What should I do with this money?"

Well, uh...I dunno. That's not nearly enough information.

A hammer is a tool.

Money is a tool.

You have to get clear on what you're trying to accomplish in life before anyone can tell you what to do with... See more

Neither he nor the others feel that the hunched shoulders and housing insecurity of their youth were good for their art. The “La Bohème” portrait of impoverished painters and poets was after all a description, not a prescription. “And at least they could afford the garret,” Jacobs-Jenkins says. “In New York, forget it.”

That was our first lesson. To earn money, we did some house chores that we called “job-jobs”.

You could only do the paying “job-jobs” after your regular household chores.

She continued to build on this by talking to us about our futures and encouraging us to save to meet different goals instead of spending it all.

This is the kind of work we do as financial advisors. We help clients lean into the tension between money and meaning. It’s not about quick answers! It’s about living with the questions long enough to align their money with what truly matters.

Security is fundamentally about being able to hold and stay in the tension of uncertainty without compulsively resolving it or dispelling it.

I have great control of my money when I am earning it. I have zero control of my money when I am not.